Purepoint Uranium Group (CVE:PTU) Reaches New 1-Year Low – Here’s Why

Purepoint Uranium Group Inc. (CVE:PTU – Get Free Report)’s stock price hit a new 52-week low on Wednesday. The company traded as low as C$0.26 and last traded at C$0.26, with a volume of 144,536 shares trading hands. The stock had previously closed at C$0.29.

Purepoint Uranium Group Stock Performance

The stock’s 50-day simple moving average is C$0.33 and its 200 day simple moving average is C$0.37. The company has a quick ratio of 9.30, a current ratio of 3.81 and a debt-to-equity ratio of 16.37. The stock has a market capitalization of C$21.83 million, a price-to-earnings ratio of -2.29 and a beta of 1.51.

About Purepoint Uranium Group

(Get Free Report)

Purepoint Uranium Group Inc, a uranium exploration company, engages in the acquisition, exploration, and development of uranium properties in Canada. Its flagship project is the Hook Lake uranium project that consists of 9 claims covers an area of 28,598 hectares located in the Athabasca Basin, Northern Saskatchewan. The company also holds interest in the Smart Lake, Red Willow, Turnor Lake, Henday, Umfreville, Carson Lake, Russell South, Tabbernor Block, and other projects. Purepoint Uranium Group Inc was founded in 2002 and is headquartered in Toronto, Canada.

Featured Articles

Receive News & Ratings for Purepoint Uranium Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Purepoint Uranium Group and related companies with MarketBeat.com's FREE daily email newsletter.